All Forum Posts by: Dennis Maynard
Dennis Maynard has started 12 posts and replied 286 times.
Post: To invest or not to invest?
- Real Estate Broker
- Los Angeles, CA
- Posts 300
- Votes 146
Where are you located? It really makes a big difference. Then I can answer the question.
Post: Can I ask for employment verification when renewing a lease?
- Real Estate Broker
- Los Angeles, CA
- Posts 300
- Votes 146
No I don't believe you can. Considered discriminatory. Verify with Housing Department.
Post: Cap rate in Los Angeles
- Real Estate Broker
- Los Angeles, CA
- Posts 300
- Votes 146
@Rick Albert. Have you heard whether or not older homes with new ADU's now become Rent Controlled?
Post: Cap rate in Los Angeles
- Real Estate Broker
- Los Angeles, CA
- Posts 300
- Votes 146
https://www.cbre.us/research-a...
Pretty easy to find on a web search.
Post: Property owners in CA forced to reduce rents by 25%
- Real Estate Broker
- Los Angeles, CA
- Posts 300
- Votes 146
You just can't fix stupid....
Post: Are there deals to be found in the Greater Los Angeles area?
- Real Estate Broker
- Los Angeles, CA
- Posts 300
- Votes 146
@Benson Juarez. Now is the time to hunt. Real Sellers out there. How can I help?
Post: Are there deals to be found in the Greater Los Angeles area?
- Real Estate Broker
- Los Angeles, CA
- Posts 300
- Votes 146
@Joshua Duvall I don't focus on Palmdale, but I have sold there representing buyers. Is there something you want to discuss or seek out?
I apologize for the delay, I was traveling and then came home and got sick. All better now.
Post: Cap rate in Los Angeles
- Real Estate Broker
- Los Angeles, CA
- Posts 300
- Votes 146
@Jason Malabute there are several "quick" hacks to get a general idea of the market place. CBRE and Marcus and Millichap both put out cap rate studies. They do this for the entire country and break it into classes of buildings. They are a great resource to use when entering or keeping up with a market. You cannot however apply those caps to 2- 4 unit buildings. The financing is different and therefore those units will need a simple "does this meet my goals" checklist. If you understand the detailed components of a cap rate, then you should be able to compose a cap rate that makes sense for yourself.
Post: Cap rate in Los Angeles
- Real Estate Broker
- Los Angeles, CA
- Posts 300
- Votes 146
For what product type?
Post: Are there deals to be found in the Greater Los Angeles area?
- Real Estate Broker
- Los Angeles, CA
- Posts 300
- Votes 146
Supply is thin in LA, and yet there are tons of opportunities out there if you know what you are looking for. I believe there are new restrictions on the McMansions in certain neighborhoods.